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posted Mar 16, 2021 4:12:48 PM

Do you have to file a 1099 if you have forein accounts, what do you do if you dont have the account information, I cant recall it, what should I do..

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1 Replies
Expert Alumni
Mar 16, 2021 4:31:05 PM

As long as the foreign contractor is not a U.S. person and the services are wholly performed outside the U.S., then no Form 1099 is required and no withholding is required. You should get a form W-8BEN signed by the foreign contractor, and kept on file.